science and technology is the number one productive force (from a 1978 speech by Deng Xiaoping 邓小平[dèng xiǎo píng] introducing the Four Modernizations 四个现代化[sì ge xiàn dài huà])
State-owned Assets Supervision and Administration Commission (SASAC), an entity that oversees state-owned assets at a particular level of government, the most prominent one being the SASAC of the State Council 国务院[guó wù yuàn]